Relacionar Columnas Forms of Business OrganizationVersión en línea Vocabulary terms por carlos sosa 1 limited life 2 general partnership 3 interest 4 principal 5 dividend 6 Sole Proprietorship 7 common stock 8 charter 9 unlimited liability 10 stockholders or shareholder 11 inventory 12 corporation 13 partnership 14 stock 15 Bond 16 limited partnership 17 double taxation 18 preferred stock amount borrowed when getting a loan or issuing a bond certificate of ownership in a corporation business owned and run by a single person who has the rights to all profits and unlimited liability for all debts of the firm most frequently used form of corporate ownership, with one vote per share for stockholder situation in which a firm cease to exist when an owner dies, quits, or sells the business. written government approval to establish a corporation form of partnership where one or more partners are not active in the daily running of the business and have limited responsibility for debts taxation of dividends both as corporate profit and as personal income from of corporate ownership without vote, in which stockholders get their investments back before common stockholders payment made for the use of borrowed money check that transfer a portion of the company profits to stockholders, usually quarterly formal contract to repay borrowed money with interest stock of finished goods and parts held in reserve people who own a share of stock in a corporation requirement that an owner is personally and fully responsible for all losses and debts of business form of partnership where all partners are equally responsible for management and debts unincorporated business owned and operated by two or more share the profits and responsibility for debts. form of business organization recognized by law as a separate legal entity